Listed for:Listed 6 days ago
$520,000

326 Christine Drive

Midland, ON L4R 5A4

Multiplex For Sale
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Sale & Price History for 326 Christine Drive, Midland

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 326 Christine Drive, Midland

Summarized Description

  • Legal duplex ideal for investors or homeowners.
  • Upper unit recently renovated, move-in ready.
  • Four bedrooms in upper unit, three in lower.
  • Potential gross rental income of $4,435/month.
  • Established rental history with long-term tenant.
  • Convenient location near Catholic high school.
  • Opportunity to generate income from day one.

Legal Duplex in Midland - Excellent Opportunity for Investors or Owner-Occupiers! A combination of space, flexibility and income potential, this legal duplex in Midland is an excellent opportunity for investors or buyers looking to offset their mortgage with rental income.Conveniently located in an established neighbourhood close to the Catholic high school. Four bedrooms in the upper unit and three bedrooms in the lower unit. Recently completed approximately $25,000 in renovations in the upper vacant unit. The new owner to move in immediately or select their own tenant. Estimated market rent for this unit is approximately $2,600 per month inclusive.The lower unit is occupied by an excellent long-term tenant on a month-to-month tenancy, currently paying $1,835 per month inclusive. With both units rented at the current and estimated rates, the property offers potential gross rental income of $4,435 per month, or $53,220 annually.For buyers considering the investment potential, the property has an established rental history. Total utility costs for 2025, when both units were occupied, were $7,967, including hydro ($3,327), gas ($1,126), water and sewer ($1,468), and hot water heater, (approx $400.00).Whether you're an investor looking to expand your portfolio or a homeowner seeking the financial benefits of a second rental unit, this legal duplex offers versatility, established income and the opportunity to generate additional revenue from day one.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$4,067
Land Transfer Tax Fee
$6,875

Rental Items

Rental Equipment
Hot Water Heater.

Basement Type
Finished, Full

Interior Features

Interior Extras
In-Law Suite
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Multiplex
Building Style
Bungalow-Raised

Construction

Exterior Finish
Brick Front, Vinyl Siding
Roof
Asphalt Shingle
Foundation Details
Block
Special Designation
Unknown

Lot

Lot Front
51.30 ft
Lot Depth
101.00 ft

Inclusions

Inclusions
2 x Fridge, 2 x Stove

Parking & Garages

Garage Type
Attached
Garage Spaces
1
Parking Spaces
2
Total Garage And Parking Spaces
3

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
None
Water
Municipal
Sewers
Sewer

Bedrooms
4 + 3
Washrooms
2
Kitchens
2

Washrooms

  • 4-piece, Main
  • 3-piece, Basement

Municipality
Midland
Neighbourhood
Midland
Main cross streets
Maxwell Ave
Directions
Galloway Blvd to Maxwell Ave to Christine Dr

MLS® number
S14105432
Data source
Toronto Regional Real Estate Board
Listed on
2026-10-22
Updated on
2026-10-22
Days on market
6 days
Possession type
Immediate
Co-op commission
2.5% + tax
Seller
Listed by
RE/MAX By The Bay Brokerage

Home Market Value

Current home valuation for 326 Christine Drive, Midland, Midland, ON. Listed for $520,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 326 Christine Drive, Midland

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Midland, ON
Minimum Down Payment Required:5.2%

5% on first $500K + 10% on $20,000 over $500K

Minimum down payment

$27,000

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$19,718$14,508$12,376$0
=Total mortgage
$512,678$482,508$454,376$416,000
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$2,503monthly$2,356monthly$2,218monthly$2,031monthly
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Land Transfer Tax

Provincial

$6,875

Total Land Transfer Tax

$6,875

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